Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available. Details Meeting Name: BOARD OF RETIREMENT Agenda status: Final Meeting date/time: 4/3/2025 9:00 AM Minutes status: Draft   Meeting location: Board Room 348 W. Hospitality Lane, 1st Floor, San Bernardino, CA 92408 Live stream access: https://sbcera.legistar.com/calendar.aspx Published agenda: Agenda Published minutes: Not available   Meeting video: Not available   Attachments: Meeting Items (44) 44 records Group Clear sorting Clear grouping Group by Type Group by Result Export Export to Excel Export to PDF Export to Word Show: Legislation only Legislation only All agenda items File # Ver. Agenda # Name Type Title Action Result Action Details Video 25-125 1 1.   Recognition Present resolution honoring fallen officer Deputy Hector Cuevas.     Not available Not available 25-126 1 2.   Recognition View recent feature of our We Are SBCERA video series.     Not available Not available 25-127 1 3.   Consent Item Approve minutes of regular meeting conducted on March 6, 2025.     Not available Not available 25-145 1 4.   Consent Item Approve minutes of Special Board of Retirement Meeting conducted on March 21, 2025.     Not available Not available 25-025 1 5.   Consent Item Approve the Service-Connected Disability Retirement application of Ernesto Antillon - San Bernardino County - District Attorney.     Not available Not available 25-117 1 6.   Consent Item Approve the Service-Connected Disability Retirement application of Stephen P. Ceausu - San Bernardino County - County Fire.     Not available Not available 25-128 1 7.   Consent Item Approve the Service-Connected Disability Survivorship of Hector Cuevas, Jr. - San Bernardino County - Sheriff.     Not available Not available 25-036 1 8.   Consent Item Approve the Service-Connected Disability Retirement application of Jeffrey E. Hall - San Bernardino County - County Fire.     Not available Not available 25-105 1 9.   Consent Item Approve the Service-Connected Disability Retirement application of Patrick Mulholland - San Bernardino County - County Fire.     Not available Not available 25-040 1 10.   Consent Item Approve the Service-Connected Disability Retirement application of Shawana M. Rentz - San Bernardino County - Probation.     Not available Not available 25-089 1 11.   Consent Item Approve the Service-Connected Disability Retirement application of Doris Stuart - San Bernardino County - Sheriff.     Not available Not available 25-088 1 12.   Consent Item Approve the Service-Connected Disability Retirement application of Daniel R. Whitten - San Bernardino - Sheriff.     Not available Not available 25-116 1 13.   Consent Item Approve the request to extend the employment of Michael Dowd from May 6, 2025, to November 5, 2026, due to an extreme necessity to continue his employment beyond the 18-month limit. The request meets the criteria set forth in SBCERA Benefits Policy No. 032 “Retirees Returning to Work”.     Not available Not available 25-095.1 1 14.   Consent Item Approve and adopt the Internal Audit Workplan for the fiscal year ending June 30, 2025.     Not available Not available 25-092.1 1 15.   Consent Item Approve and adopt updates to Actuary and Audit Policy No. 001 (Actuarial Audit).     Not available Not available 25-093.1 1 16.   Consent Item Approve and adopt updates to Actuary and Audit Policy No. 004 (Audit Committee Charter).     Not available Not available 25-094.1 1 17.   Consent Item Approve and adopt updates to Actuary and Audit Policy No. 005 (Internal Audit Charter).     Not available Not available 25-097.1 1 18.   Consent Item Approve and adopt updates to Administration Policy No. 016 (SBCERA Position Dual-Fill).     Not available Not available 25-099.1 1 19.   Consent Item Approve and adopt updates to General Policy No. 005 (Policy on SBCERA Governing Documents).     Not available Not available 25-100.1 1 20.   Consent Item Approve and adopt updates to General Policy No. 011 (Disruptive Event Policy).     Not available Not available 25-118 1 21.   Consent Item Adopt SBCERA Resolution No. 2025-1 - Employer Pay Codes of Employee Compensation.     Not available Not available 25-154 1 22.   Action Item Authorize SBCERA’s Chief Executive Officer to execute a consent of assignment of SBCERA Agreement with First Medical Examiners to Exam Works.     Not available Not available 25-150 1 23.   Action Item Action on Deferred Items from Consent, if any.     Not available Not available 25-147 1 24.   Action Item Approve and adopt the Hearing Officer’s Proposed Findings of Fact and Conclusions, that Diana Fuller has an insurable interest in Emmett Flowers’ life, and thereby entitled to a monthly continuance of Mr. Flowers’ retirement benefit. Additionally, the Board approve and adopt the findings that Lakeisha Butler does not have an insurable interest and therefore, not entitled to any benefit from SBCERA.     Not available Not available 25-110.1 1 25.   Action Item Approve and adopt updates to the Procedures for Disability Retirement and Formal Hearings.     Not available Not available 25-113.1 1 26.   Action Item Approve and adopt Benefits Policy No. 036 (Disability Retirement Effective Date).     Not available Not available 25-146 1 27.   Action Item Approve and adopt proposed amendments to the SBCERA By-Laws     Not available Not available 25-148 1 28.   Action Item Appointment of a Voting Delegate and Alternate Voting Delegate for the 2025 SACRS Spring Business Meeting on Friday, May 16, 2025.     Not available Not available 25-061.1 1 29.   Information Item Private Debt Outlook and Review.     Not available Not available 25-062.1 1 30.   Information Item 2025 Preliminary Asset Allocation Review.     Not available Not available 25-134 1 31.   Information Item Update to the Employer Reporting Initiative - Standardized Data Reporting Platform.     Not available Not available 25-109.1 1 32.   Information Item Update regarding the Survivor Benefits Unit.     Not available Not available 25-123 1 33.   Receive and File Report on the Investment Committee meeting conducted on March 13, 2025.     Not available Not available 25-142 1 34.   Receive and File Report on the Administrative Committee meeting conducted on March 20, 2025.     Not available Not available 25-143 1 35.   Receive and File Report on the Audit Committee meeting conducted on March 20, 2025.     Not available Not available 25-120 1 36.   Receive and File Service Retirements and Change Effective Date Approved by the Chief Executive Officer.     Not available Not available 25-024.1 1 37.   Receive and File Annual Alternative Investment Fee Disclosures in Compliance with California Government Code §7514.7.     Not available Not available 25-151 1 38.   Executive Report Chief Executive Officer.     Not available Not available 25-124 1 39.   Executive Report Chief Investment Officer.     Not available Not available 25-152 1 40.   Trustees Report Report by the Trustees concerning conferences and other meetings attended (as specified by Education & Training Policy No. 003 - “Trustee Travel and Expense Policy”).     Not available Not available 22-507.3 1 41.   Closed Session Approve and adopt the proposed findings and recommendations of the referee regarding the application for a Service-Connected Disability Retirement with Supplemental Retirement Allowance of Rafael A. Rosas - Probation - County of San Bernardino.     Not available Not available 25-101 1 42.   Other Closed Session Items PUBLIC EMPLOYEE PERFORMANCE EVALUATION (Government Code Section 54957) Title: Chief Counsel     Not available Not available 25-102 1 43.   Other Closed Session Items PUBLIC EMPLOYEE PERFORMANCE EVALUATION (Government Code Section 54957) Title: Chief Executive Officer     Not available Not available 25-153 1 44.   Open Session Report by Counsel on actions taken in Closed Session.     Not available Not available